EFAMA has today published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data on UCITS and AIFs for July 2022, at European level and by country of fund domiciliation.
Bernard Delbecque, Senior Director for Economics and Research at EFAMA, commented: “Net outflows slowed down in July, as bond and money market funds reversed back to net inflows. However, despite a rebound in stock markets, net outflows from equity funds worsened in July as investor concerns about the growth outlook grew.”
The main developments in July 2022 can be summarised as follows:
- Net sales of UCITS and AIFs registered net outflows of EUR 43 billion, compared to net outflows of EUR 72 billion in June.
- UCITS recorded net outflows of EUR 24 billion, compared to net outflows of EUR 69 billion in June.
- Long-term UCITS (UCITS excluding money market funds) registered net outflows of EUR 26 billion, compared to net outflows of EUR 63 billion in June.
- Equity funds recorded net outflows of EUR 22 billion, compared to net outflows of EUR 17 billion in June.
- Bond funds registered net inflows of EUR 1 billion, compared to net outflows of EUR 36 billion in June.
- Multi-asset funds recorded net outflows of EUR 4 billion, compared to net outflows of EUR 6 billion in June.
- UCITS money market funds recorded net inflows of EUR 2 billion, compared to net outflows of EUR 6 billion in June.
- Long-term UCITS (UCITS excluding money market funds) registered net outflows of EUR 26 billion, compared to net outflows of EUR 63 billion in June.
- AIFs registered net outflows of EUR 19 billion, compared to net outflows of EUR 3 billion in June.
- Total net assets of UCITS and AIFs increased by 4.4% in July compared to June, reaching EUR 20,326 billion.
-ENDS-
Notes to editors
About the July Monthly EFAMA Investment Fund Industry Fact Sheet:
The Fact Sheet is published by EFAMA monthly and presents net sales and net assets data for UCITS and AIFs for 29 European countries: Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, and United Kingdom.
For further information, please contact:
Hayley McEwen
Head of Communications and Membership Development
Tel: +32 2 548 26 52
Email: Hayley.McEwen@efama.org